Prescriptive Security Market COVID-19 Impact and Global Analysis By Deployment (Hosted, On-Premise); Application (Incident Detection, Pattern Recognition, Surveillance, Person of Interest Screening, Others,Intelligent Agencies, Public Transport Security,

Prescriptive security market is expected to witness tremendous growth in the future, owing to huge volume of data being generated by systems and advanced technologies in enterprises. Organizations have moved to prescriptive security from reactive analysis to prepare well before any threat or risk. Prescriptive security uses machine learning to identify patterns in data that might indicate attack in progress or zero-day threat. Automation is deployed and prescriptive security services can analyze bulk data gathered over long time and can predict risks early. Prescriptive security services are widely adopted by the financial sector, which boosts its market growth. By analyzing all financial data, it gives precised view whether a payment is suspicious and helps to detect a threat or risk.
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The banking, financial services, and insurance (BFSI) is growing at a very fast pace. The number of transactions are on the rise, owing to growth in customer base and people performing transactions from mobile devices and tablets. Furthermore, the BFSI sector is expected to boost the prescriptive security as these services help to detect and prevent suspicious mobile payments before they are initiated and provide other security measures, which would encourage the BFSI sector to adopt these services.
North America is expected to dominate the market, owing to presence of developed economies such as the U.S. and Canada in the region. These countries heavily invest in new technologies and research and developments. Enterprises and governments in the region are adopting prescriptive security solutions to predict risks before they occur, which drives the market growth.
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Key benefits of the report:

This study presents analytical depiction of the global prescriptive security market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the prescriptive security market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global prescriptive security market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed prescriptive security market analysis based on competitive intensity and how the competition will take shape in coming years.
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